HP INC — Director's Dealing 2014

Apr 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2014-04-21

Reporting Person: RUSSO PATRICIA F (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-03	Restricted Stock Units	$	A	157.6633	Acquired		Common Stock (157.6633)	Direct
2014-04-21	Restricted Stock Units	$	A	5480	Acquired		Common Stock (5480)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11752	Direct

Footnotes

F1: There is no reportable change since the last filing. This is a reiteration of holdings only.

F2: Each restricted stock unit represents a contingent right to receive one share of HP common stock.

F3: As previously reported, on 04/22/13 the reporting person was granted 8,857 restricted stock units ("RSUs"), all of which will cliff vest on 04/22/14. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 157.6633 dividend equivalent rights being reported reflect 51.0737 dividend equivalent rights at $25.18 per RSU credited to the reporting person's account on 07/03/13; 60.0952 dividend equivalent rights at $21.40 per RSU credited to the reporting person's account on 10/02/13; and 46.4944 dividend equivalent rights at $27.66 per RSU credited to the reporting person's account on 01/02/14.

F4: On 04/21/14 the reporting person was granted 5,480 RSUs, all of which will cliff vest on 04/21/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.